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ARTICLE · 25 JANUARY 2021

Consolidated Appropriations Act, 2021: Modernizing US Energy Policy

Taft, Stettinius & Hollister LLP
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The Consolidated Appropriations Act, 2021 (Appropriations Act) was signed into law on Dec. 27, 2020. Division Z of the Appropriations Act contains the Energy Act of 2020 (Energy Act)...

United StatesEnergy and Natural Resources
Taft Stettinius & Hollister LLP
Taft Stettinius & Hollister LLP
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The Consolidated Appropriations Act, 2021 (Appropriations Act) was signed into law on Dec. 27, 2020. Division Z of the Appropriations Act contains the Energy Act of 2020 (Energy Act) – the first major, comprehensive modernization to U.S. energy policy in over ten years. The Energy Act includes over $35 billion for energy initiatives and covers a broad array of topics, including energy storage; carbon capture, utilization, and storage; carbon removal; grid modernization; incentives to spur investment and new initiatives to promote research and development; and emissions from a wide range of sources from industry to federal buildings. The Energy Act also includes a range of measures that will improve energy efficiency and brings administrative reforms to improve the U.S. Department of Energy (DOE). Underlying the Energy Act is a desire to address greenhouse gas emissions through a combination of energy efficiency and renewable and clean technology measures while keeping

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